Central Florida Real Estate | Central Florida Homes for Sale
  • Home
  • Selling
  • What's My Home Worth?
  • Buying
  • Advanced Search
  • Testimonials
  • Blog
  • Meet the Team
  • Accessibility
  • DMCA Notice
  • Contact Us
Login
(407) 252-8092

Sign in to your account

Need to reset your phone number?

Don't have an account with us?

Click here to sign up.

Central Florida Real Estate Search

TO
Advanced Search

Address Search

Closing Costs - Insurance

There are a variety of types of insurance costs you may incur during the home buying process depending on whether you are on the seller or buying side of the transaction. 

Homeowner's Insurance (Buyer):

This insurance covers replacement costs for damages caused by fire, wind or other disaster that might affect the value of the property. Typically, the insurance also includes personal liability and theft coverage. All new home purchases that include a mortgage will be required to have insurance bound at the time of closing.

Flood or Quake Insurance (Buyer):

Additional hazard insurance coverage that is required for homes located in a designated hazard zone as established by the Federal Emergency Management Agency (FEMA). As we tour houses, I will let you know if the property resides in a hazard zone. As above, if you're purchasing the home utilizing a mortgage, your lender may require these types of insurance as a condition of originating the loan. 

Private Mortgage Insurance (PMI) (Buyer):

Insurance required for conventional mortgage loans when the borrower's down payment on the house is less than 20 percent of the loan value. This is typically required when using a conventional and FHA mortgage. 

Title Insurance (Buyer & Seller):

This policy protects both the buyer and lender by insuring a clear chain of title. In other words, it ensures that that the person who sells the house has the legal right to do so. In Central Florida, it is customary for the Seller to pay for the cost of a title insurance policy at the time of closing. But, the Lender will also require the Buyer to bind and pay for an Owner's Policy which specifically covers the lender during the loan term. 

Click Here to Start Your Home Search

Click Here for Custom Market Report

Like or Share
Loading likes...

Address Search


Voted "Best of Apopka"
Top Real Estate Professionals


Central FL Real Estate by City

  • Apopka
  • Altamonte Springs
  • Longwood
  • Lake Mary
  • Maitland
  • Mount Dora
  • Ocoee
  • Orlando
  • Sorrento
  • Tavares
  • Windermere
  • Winter Garden
  • Winter Park
  • Eustis

Central FL Real Estate by Neighborhood

Apopka
  • Alexandria Place
  • Arbor Ridge
  • Bent Oak
  • Bluegrass Estates
  • Chandler Estates
  • Charleston Park
  • Chelsea Ridge
  • Clayton Estates
  • Deer Lake Chase
  • Deer Lake Run
  • Dominish Estates
  • Emerald Cove
  • Errol Estate
  • Fisher Plantation
  • Foxborough Farms
  • Hillside At Wekiva
  • Lake McCoy Oaks
  • Lake Todd Estates
  • Landings At Rock Springs
  • Lester Ridge
  • Majestic Oaks
  • Oak Hill Reserve
  • Oak Hollow
  • Oak Ridge
  • Oakwater Estates
  • Palmetto Ridge
  • Pines Of Wekiva
  • Pitman Estates
  • Plymouth Landing
  • Quail Estates
  • Rock Springs Ridge
  • Sanctuary Golf Estates
  • Spring Harbor
  • Spring Hollow
  • Spring Ridge
  • Stoneywood
  • Sweetwater Country Club
  • Sweetwater West
  • The Palms
  • Traditions at Wekiva
  • Vicks Landing
  • Wekiva Crest
  • Wekiva Glen
  • Wekiva Park
  • Wekiva Preserve
  • Wekiva Run
  • Wekiva Springs Estates
  • Wekiva Springs Reserve
  • Wekiva Woods
  • White Jasmine
  • Winged Foot Estates
Longwood
  • Alaqua
  • Alaqua Lakes
  • Highcroft Pointe Townhomes
  • Sabal Point
  • Sweetwater Club
  • Sweetwater Oaks
  • The Springs
  • Wekiva Club
  • Wekiva Cove
  • Wingfield North
  • Wingfield Reserve
Windermere
  • Balmoral
  • Bellaria
  • Belmere Village
  • Butler Bay Windermere
  • Casa Del Lago
  • Chain Du Lac
  • Eden Isle
  • Estates At Windermere
  • Glenmuir
  • Isleworth
  • Keene's Pointe
  • Kelso On Lake Butler
  • Lake Burden
  • Lake Butler
  • Lake Cawood Estates
  • Lake Cypress Cove
  • Lake Down
  • Lakes Of Windermere
  • Manors At Butler Bay
  • Marina Bay
  • Oxford Moor
  • Reserve At Belmere
  • Reserve At Lake Butler Sound
  • Silver Woods
  • Summerport
  • Sunset Bay
  • Tildens Grove
  • Tuscany Ridge
  • Westover Club
  • Westover Reserve
  • Willows At Lake Rhea
  • Worthington Park
Winter Garden
  • Alexander Ridge
  • Avalon Estates
  • Avalon Reserve Village
  • Bay Isle
  • Belle Meade
  • Black Lake Park
  • Black Lake Preserve
  • Bradford Creek
  • Bronsons Landing
  • Cambridge Crossing
  • Carriage Pointe
  • Covington Chase
  • Covington Park
  • Cypress Reserve
  • Deer Island - Winter Garden
  • Emerald Ridge
  • Glynwood
  • Hickory Hammock
  • Isles Lake Hancock
  • Johns Cove
  • Johns Lake Pointe
  • Lake Avalon Groves
  • Lake Hancock Preserve
  • Lake Cove Pointe
  • Lake Roberts Landing
  • Latham Park
  • Oakglen Estates
  • Oakland Park
  • Johns Landing
  • Orchard Hills
  • Orchard Park
  • Overlook At Hamlin
  • Palisades
  • Regency Oaks
  • Reserve At Carriage Pointe
  • Signature Lakes - Independence
  • Stone Creek
  • Stoneybrook West
  • Summerlake
  • Verde Park
  • Waterleigh
  • Watermark
  • Waterside
  • Westfield Lakes

Real Estate Market Reports

  • Apopka Market Report

Interactive Map Search

Buying & Selling Made Easy

 Freshest Data Available
 Active Listings Only
 Customizable Search Options
 New Listing Alerts
 Instant Home Value Assessments

The Home Buying Process

 

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years
Calculate

Does not include any taxes or fees.
Please consult a financial professional.

Buyer Resources

  • Buyers Guide
  • 6 Steps to Owning a Home
  • Determine Your Readiness
  • Loan Pre-Approval
  • Loan Options to Consider
  • Questions & Requests for the Lender
  • Loan Application Document Checklist
  • Mortgage Calculator
  • First Time Homebuyers
  • Down Payment Assistance
  • Home Criteria & Searching
  • Previewing Homes
  • Making an Offer
  • Effective Contract & In Escrow
  • How Escrow Works
  • Common Buyer Mistakes
  • Home Inspections
  • Appraisal
  • Closing Costs - General
  • Closing Costs - Insurance
  • Closing Costs - Loan Fees
  • Clear to Close & Closing Day
  • Post-Closing Action Items
  • Buying New Construction
  • Buying Foreclosures
  • Market Reports
  • Credit Facts | Pulling your Credit Reports
  • Real Estate Glossary

Seller Resources

  • Contingencies In Contracts
  • Curb Appeal Checklist
  • Get The Highest Price
  • Home Appreciation
  • How To Stage Your Home For Sale
  • Inspection Tips
  • Listing Commissions
  • The Listing Contract
  • Ready to Sell Your Home?
  • Role Of The MLS
  • Sell One, Buy Another
  • Seller Reports
  • Setting The Sales Price
  • Staging Checklist
  • Tax Closing Costs
  • Why Homes Don't Sell

Connect With Us

    

Translate Site

  • Home
  • Buying
  • Featured Properties
  • Selling
  • What's My Home Worth?
  • Foreclosures
  • Market Reports
  • Recently Sold
  • Blog
  • Testimonials
  • Meet the Team
  • Contact Us

Rock Springs Realty
3780 Rochelle Lane
Apopka, FL 32712
(407) 252-8092
info@rockspringsrealty.com



© 2017 All Rights Reserved | Privacy Policy

Advanced Searches

  • Condo Search
  • Zip Code Search
  • MLS # Search
  • Sold Search
  • Address Search
  • Foreclosure Search
IDX Real Estate Websites by
• Accessibility • Terms • Privacy